Cost of Living in Scranton, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.3
100 = national avg
-14.7 vs national average
Living Wage (1 Adult)
$37,511
per year
Living Wage (Family of 4)
$88,663
per year
Cost Index by Category
Housing70.1
Food95.9
Transportation91.7
Healthcare96.7
Utilities91.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$700
per month
2 Bedroom
$919
per month
The overall cost of living index in Scranton is 85.3, which is 14.7% below the national average. Housing costs are below the national average at an index of 70.1. A single adult needs to earn approximately $37,511 per year to cover basic expenses.